Bond República Dominicana 5% ( DO1005221929 ) in DOP

Issuer República Dominicana
Market price 100 %  ⇌ 
Country  Dominican Republic
ISIN code  DO1005221929 ( in DOP )
Interest rate 5% per year ( payment 1 time a year)
Maturity 06/11/2015 - Bond has expired



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Minimal amount 1 000 DOP
Total amount 1 000 000 000 DOP
Detailed description The Dominican Republic, occupying the eastern two-thirds of the island of Hispaniola, is a Caribbean nation known for its diverse geography, including lush rainforests, stunning beaches, and the Caribbean's highest mountain peak, Pico Duarte.

A specific instance of sovereign debt issuance by the Dominican Republic, identified by ISIN DO1005221929, illustrates the nation's engagement in capital markets as a governmental borrower. This particular bond, denominated in Dominican Pesos (DOP), represented a total issue size of DOP 1,000,000,000, offered with a 5% interest rate and an annual payment frequency, accessible with a minimum purchase of DOP 1,000. Issued within the Dominican Republic itself, this debt instrument reached its scheduled maturity on November 6, 2015, and has since been fully redeemed at its par value, confirming the issuer's successful discharge of its obligations for this security.